Explain to me why a company with 20m revenue and producing no profit and surrounded by powerful competitors should be worth 250M. The market cap should be100M about $5 a share. Selling 4 units per quarter and been here pumping is LOL. Get a life.
They were never positive news, read it carefully, they were just manipulated to make it look positive, that should have been your red flag.
How can you say that with a company that has no revenue yet, with a market cap of 250M?
this stock should be 120M cap or $6 a share. This is the right value paid basher.
46 million in debt, revenue 6 million a year, and going down every year. So obvious BK.
The captain is cruising around the Mediterranean nice girls, wine and with LOL
I think you are confusing this with another stock. all I see is down and down
You are right on it, it is the new way for stock companies to screw shareholder.
I notice this on other stocks, manipulated company news, then later insider sell off.
This what they were saying when it was $20, up an up looser
his action speaks for itself. going to $6 a share. Hedge funds do not forgive these actions easily
It seems a pattern with many stocks, when they start sinking with no reason, they will just go down and down, this is not a much traded retail stock, I think a manipulation by hedge funds, shorting and selling.
If Kndi would be an American company under the same exact circumstances except run by Americans it would be for sure around $200 a share.
Chines CEO's read below.
You are short sighted . See inside selling, Investor that are smart knows what is going on. No insider would sell if they know the business is good they are poor. See how this is going down again.
I will buy when is a $140
Yes! I bought 10000 share myself, maybe I made a mistake time will tell this Trophy Bingo could be a good market, the funny thing is that I do not play Bingo at all, but I use a lot of apps. The company has been around for a long time seems like. Wish me good luck
Yet revenue is down almost 25%. Do you know how to read financial statement or you just gamble on stocks.